+
Aparna Enterprises to invest $100 million in its Alteza brand
Interiors

Aparna Enterprises to invest $100 million in its Alteza brand

The funds will be utilised to improve the company's product portfolio, production facilities, marketing, and retailing. ACA M-19 Series, their latest slim aluminium sliding door system, was also unveiled at the event. The system operates with extremely short sightlines and is the slimmest aluminium sliding door system that Alteza has to offer. This one-of-a-kind system is built on a simple design, with a 19-mm thin metal profile running the length of the door opening, including the interlock, and it may also be used for corner openings.

Mr. Ashwin Reddy, Managing Director, Aparna Enterprises Limited, stated of the Alteza ambitions, "The aluminium window and door system market in India is close to INR 20,000 crores and it is increasing at a CAGR of 7.9%." There is an increasing need for high-quality products and services, and we are preparing to meet that demand. 60 percent of the 100 crores would go into expanding production capacity, while the remainder will go toward research and development and expanding our dealer network. We also intend to increase our personnel in order to support this expansion strategy. By the end of 2021, we intend to recruit more than 100 individuals, the bulk of whom will be from Telangana. By 2025, we expect Alteza to have captured 8-10% of the organised aluminium door and window market.”

Alteza is a new aluminium window, door, and railing system that was launched in 2019. Alteza ACA M-19 will improve the company's position in the burgeoning premium aluminium window and door systems market. The new system has been implemented. Aparna Enterprises' ACA M-19 sliding door system is the slimmest on the market. Standard sliding door systems have a 40 mm interlock and reverse interlock, however the system has a 19 mm interlock and reverse interlock. The ACA M-19 system can handle a single panel with a dimension of 6.72 M2 and a weight of 300 kg. Consumers will benefit from the beautiful system's thin profiles since more light will be able to enter the home, and views of the outside will be less obstructed. Slimmer interlocks are very appealing and have a modern look.


The funds will be utilised to improve the company's product portfolio, production facilities, marketing, and retailing. ACA M-19 Series, their latest slim aluminium sliding door system, was also unveiled at the event. The system operates with extremely short sightlines and is the slimmest aluminium sliding door system that Alteza has to offer. This one-of-a-kind system is built on a simple design, with a 19-mm thin metal profile running the length of the door opening, including the interlock, and it may also be used for corner openings.Mr. Ashwin Reddy, Managing Director, Aparna Enterprises Limited, stated of the Alteza ambitions, The aluminium window and door system market in India is close to INR 20,000 crores and it is increasing at a CAGR of 7.9%. There is an increasing need for high-quality products and services, and we are preparing to meet that demand. 60 percent of the 100 crores would go into expanding production capacity, while the remainder will go toward research and development and expanding our dealer network. We also intend to increase our personnel in order to support this expansion strategy. By the end of 2021, we intend to recruit more than 100 individuals, the bulk of whom will be from Telangana. By 2025, we expect Alteza to have captured 8-10% of the organised aluminium door and window market.”Alteza is a new aluminium window, door, and railing system that was launched in 2019. Alteza ACA M-19 will improve the company's position in the burgeoning premium aluminium window and door systems market. The new system has been implemented. Aparna Enterprises' ACA M-19 sliding door system is the slimmest on the market. Standard sliding door systems have a 40 mm interlock and reverse interlock, however the system has a 19 mm interlock and reverse interlock. The ACA M-19 system can handle a single panel with a dimension of 6.72 M2 and a weight of 300 kg. Consumers will benefit from the beautiful system's thin profiles since more light will be able to enter the home, and views of the outside will be less obstructed. Slimmer interlocks are very appealing and have a modern look.

Next Story
Infrastructure Urban

ITCONS Gains on New Rs 3.5 Million Defence Contract

ITCONS E-Solutions is trading at Rs 549.00, up by Rs 12.10 or 2.25 per cent from its previous close of Rs 536.90 on the BSE. The scrip opened at Rs 549.00 and has touched an intraday high and low of Rs 549.00, with 200 shares traded so far.A BSE ‘MT’ group stock with a face value of Rs 10, ITCONS touched its 52-week high of Rs 767.00 on 25 September 2024 and a 52-week low of Rs 166.70 on 5 August 2024. Over the past week, the stock has fluctuated between Rs 560.00 and Rs 510.60. The company's current market capitalisation stands at Rs 3.3 billion.Promoters hold 58.22 per cent of the compan..

Next Story
Infrastructure Urban

Delhi Extends EV Policy Till March 2026

The Delhi government has extended its existing Electric Vehicle (EV) Policy until 31 March 2026, or until a revised version is approved. The decision was made during a Cabinet meeting chaired by Chief Minister Rekha Gupta on Tuesday.According to Transport Minister Pankaj Kumar Singh, the draft of the new policy will undergo broader public consultation before being finalised, prompting the extension to allow time for thorough stakeholder engagement.The consultation process will include inputs from citizens, environmental groups, academic institutions, industry experts, and private firms. Key fo..

Next Story
Infrastructure Urban

Ather Crosses 400 Fast Chargers in Maharashtra

Electric two-wheeler manufacturer Ather Energy announced on Thursday that it has surpassed 400 fast charging points under its Ather Grid network across Maharashtra.The company's fast charging infrastructure now spans 35 cities in the state, including key urban centres such as Mumbai, Nashik, Pune, and Nagpur."Crossing 400 fast chargers in the state is about giving riders the assurance that they'll always find a charger when they need one. As we expand our retail presence, the charging network will continue to grow in tandem to make EV ownership truly seamless," said Ravneet Singh Phokela, Chie..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?